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EU may shut down Bitcoin mines. Aptos falls 50% after hyped launch.

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EU may shut down Bitcoin mines. Aptos falls 50% after hyped launch.

Victoria Gago
Oct 21, 2022
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If you are thinking about making a shift from your web2 job to a career in web3, you can’t miss next week’s webinar with Pablo Sojo, HR Global Lead at The Sandbox.

Paolo will explain how Sandbox is recruiting people, what kind of profiles are desirable and how to stand out.

Date: Oct 27th, 5pm CET

👉 Register here


Recap of the Week

EU may shut down Bitcoin mines to ease energy crisis

Shopify partners with Novel to deliver accessible Web3 for merchants

Anthony Hopkins sells out NFT collection in minutes

Mobile bank N26 launches crypto trading with Bitpanda partnership

Kraken crypto exchange is next to close doors to Russian users

Aptos draws criticism, token falls 50% after hyped launch

Mango Markets will start refunding users for the $114M exploit

Japanese regulators loosen crypto laws and make it easier to list coins

SEC to investigate Three Arrows Capital

The catholic nuns are building a new church with bitcoin

Turkey taps blockchain for e-Human project

Mastercard offers crypto trading solution to banks with Paxos

Koreans to have access to blockchain-powered digital IDs by 2024

Warren Buffet-backed Nubank to launch loyalty tokens on Polygon


Latest Funding Rounds in Crypto

Celestia raises $55M in Series A · Founded in 2019 · Liechtenstein

  • Celestia is a modular consensus and data network. They help anyone to easily deploy their own blockchain with minimal overhead

  • The firm will use the funds to build a modular blockchain network.

  • Modular blockchains — opposed to monolithic blockchains — are, in theory, highly scalable and decentralized.

  • Round led by Bain Capital Crypto and Polychain Capital. The round was raised at a valuation of $945M.

Uniswap raises $165M in Series B · Founded in 2018 · US

  • Uniswap is a decentralized exchange platform operating on the Ethereum blockchain.

  • Funds will be used to invest more in Uniswap’s web app and developer tools, NFT launch and to support mobile users.

  • Round led by Polychain. The round was raised at a valuation of $1.6B.

Shardeum raises $18.2M in Seed Round · Founded in 2022 · Switzerland

  • Shardeum is a provider of an Ethereum Virtual Machine (EVM)-based sharded blockchain, which enables infinite scalability and atomic cross-shard composability.

  • The funds will be used to expand the network for greater scalability, faster transaction times and lower fees.

  • Round led by more than 50 investors, including Jane Street, Struck Crypto and the Spartan Group.

ChainSafe Systems raises $18.8M in Series A · Founded in 2017 · Canada

  • ChainSafe Systems is a blockchain protocol and infrastructure development specializing in protocol engineering, cross-chain interoperability & Web3 gaming.

  • The funds will be utilized to accelerate product development and expand the team.

  • Round led by Round13 Capital.


Acquisitions

Offchain Labs acquires Prysmatic Labs
Terms were undisclosed

  • Offchain Labs is a venture-backed and Princeton-founded company that is developing Arbitrum, a suite of scaling technologies for ethereum.

  • Prysmatic Labs is currently developing ethereum blockchain technical infrastructure.


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